Overview
Learn more about the EARN token design and its utilities. You can also head to https://earn.network/token to read more details.
Last updated
Learn more about the EARN token design and its utilities. You can also head to https://earn.network/token to read more details.
Last updated
NFT Staking and Token Staking
Utility | Status |
---|---|
Creators are able to pay lower fee for deploying the pool by using $EARN. | 🟢 Live |
Creators are able to pay lower fee for deploying a reward by using $EARN. | 🟢 Live |
Stakers are able to pay lower fee unstaking penalty by using $EARN. | 🟢 Live |
Holders of $EARN will gain extra access to specific rewards | 🟢 Live |
$EARN token will be used as extra incentive (in the form of added rewards) for pool creators to deploy and run their own pools | 🟢 Live |
Higher yield when claiming interest in $EARN. Whenever a user decides to claim the yield in the form of the $EARN token (as opposed to in a native token) we will reward them with a higher yield - we will reduce the charged fee to boost the yield received by the user. | ⚪ Coming Soon |
Prediction Markets
Utility | Status |
---|---|
User is able to aquire more shares in the prediction market by participating via $EARN (as opposed to other tokens) | ⚪ Coming Soon |
Market Creators are paying lower fees by enabling $EARN token in their prediction markets | ⚪ Coming Soon |
General
Utility | Status |
---|---|
Stakers of $EARN token in the staking pool gain part of the fees from across the platform. | ⚪ Coming Soon |
Promotional spots bidding. Pool creators will have an option to pay with the $EARN token to bump visibility of their offers on the platform in promoted spots (eg. Homepage, Top offer in a given category). | ⚪ Coming Soon |
Please note, $EARN will have no inflation mechanism and therefore the staking yield will be paid directly from platform fees. With this decision, we commit ourselves and the community to work together to adequately deliver what is in line with the general effect of the platform performance.